Return To 1990
Chapter 201
When Jiao enfan heard the topic to be talked about, he looked unconsciously happy. Lu Feng, a man who had never been abroad, talked to him about international finance. Isn''t it his own death?
Chang wanteng also breathed a sigh of relief. This is what he said. Jiao enfan didn''t know much about the domestic market. Although he positioned high-end brands, relied on foreign capital and created the price of luxury goods, no one has walked this way.
"Many people present may also often go abroad on business trips and have been in contact with some investments and funds. I know a lot. I worked as an intern at Goldman Sachs."
Jiao enfan said calmly with a microphone: "I believe everyone knows the strength of Wall Street finance. There is a huge market in the world for finance, stocks, funds and investment. Not to mention the stock market and venture capital funds, I was responsible for contacting a large insurance company during my internship there. I just said a little."
"If you are in China, you are poor and have the ability, but you have no capital, what should you do? There is no way. You can only rely on relatives here, but it is different over there. As long as you are reputable and a good person, you only need to sign a personal loan. This loan can directly pay the down payment of a house, and people over there live in villas."
"Banks are afraid that you won''t pay back the money? They are afraid that this is where people dare to play. People will sign a risk hedging insurance that belongs to you through the insurance company. If you can''t pay back the money, the insurance company will pay it back for you. A complete financial system has given a poor man living on the streets a new life."
"I have personally handled quite a lot of loans for these people. They just need to have a good reputation and sign. The next day they will come out of their villa in suits and even drive a brand-new Cadillac to interview for a decent job."
"A complete financial system and caring services for the poor are freshmen compared with our despair. When I was practicing, I sometimes became friends with these people, and sometimes visited their homes. When I talked about difficulties, they always burst into tears. We hugged and told each other that everything was over."
Jiao enfan said with tears in his eyes. Lu Feng always thought that the subprime mortgage crisis in 2008 was caused by accumulation in early 2000. Unexpectedly, Wall Street began to play like this now.
Now people have an unspeakable sense of worship for the West. The bottom is OK. These elites have a certain sense of superiority. He said his experience of working on Wall Street, with a light in his eyes, as if this experience was the glory of his life.
Lu Feng sat there and listened. He basically had some shallow knowledge and made do with fooling ordinary people. He didn''t mention such a big topic as the contemporary global economic structure, the industrial structure in Asia and the transfer of the financial focus of Wall Street accompanied by the successful rise of the four dragons.
"My words are over, thank you!" Jiao enfan said, put down the microphone and looked at Lu Feng with a smile.
There was a burst of applause at the scene. All the people present were responsible for specific affairs, either in charge of technology or the market, not to mention finance. There was no finance at the scene. Naturally, they were unaware of it.
Zhang Fengxia stood there shaking her head and said, "it''s over. I''m ashamed to lose my hair. What''s not good to talk about? What''s international finance?"
Su yourong didn''t understand. He asked Cui Ning, "what is Wall Street? Dance?"
"That''s a waltz, sister!" Zhang Fengxia sneered mercilessly.
Liucheng could not help but lower his head to cover up his smile. Cui Ning said, "it''s a financial street, full of rich big companies. President Zhang, aren''t you also back from studying abroad?"
"I learned business administration!" Zhang Fengxia said, looking at Su yourong and humming.
"Haven''t you seen that you''ve been abroad?" Su yourong said, holding his hands on his chest and didn''t speak.
Some people in the audience saw that Lu Feng didn''t speak. Someone coaxed and said, "Lu always doesn''t know what Wall Street is? Or doesn''t know what finance is?"
Many people laughed at the scene, and there was a brief agitation in the crowd.
Lu Feng took down the microphone, thought for a moment and said: "If President Jiao only knows what you just talked about, I think you''d better not say that you understand international finance. It''s easy to go out and make people laugh. Although Wall Street is far from home, it will also be inextricably linked. Since you let me talk, I''ll simply say what President Jiao just said. A street beggar with good reputation, sign and change his fate What happened. "
Everyone present was a little surprised. Did he really want to talk?
In fact, Lu Feng can muddle through without saying anything and joking. After all, he hasn''t been abroad. This is an objective fact. However, now he has a serious face to teach Jiao enfan.
"Crazy?" Zhang Fengxia muttered.
Su yourong stared at him with burning eyes. At this moment, Lu Feng was really perfect in her heart. An omnipotent and omniscient glorious image of the great bank was completely erected.
Men should not only have money, but also have knowledge and connotation, otherwise they will have more money, and it is also a woodlouse.
Many people whispered. Even Jiao enfan was suspicious. Did he really understand?
Lu Feng doesn''t understand finance, but the 97 Asian financial crisis and the 08 subprime mortgage crisis have been analyzed and concentrated too many times. Lu Feng has also seen some detailed context and summary.
"First of all, the situation that President Jiao said can also be done in China. It''s not just lending people and making money. The problem is that making money will cause inflation. Why are people not afraid? Because people''s dollar is the main circulating currency in the world, it''s also inflation. It''s all right. People have guns. You have to buy as much as they print. In essence, it''s wool picking!"
"Second, the kind of risk hedging insurance you mentioned is not a perfect solution. Some financial personnel release water to stimulate holidays. At the same time, the insurance industry also makes money. It''s like flipping credit cards. Something will happen one day."
"Third, Wall Street is not only a wall street, but also a continuation of some tentacles. International financial investment has a strong wind direction. These people are real beasts. They are cruel to outsiders and even more cruel to their own people. In addition, for some overseas investments, we should pay more attention to making money and not allowing people to invade their homes."
"If we talk about finance and only talk about finance, it''s like beating the drum and spreading flowers, just like the stock price. The cornerstone of finance is the real industry. The harder the cornerstone is, the more the stock price is. People''s company subjects really don''t care, because they will always rise back. What are the foundations of those companies on Wall Street? Are they unique global military strength, hard enough? Too hard."
"Wall Street''s low threshold and high-yield financial products, what stocks, funds, junk stocks, financial bags and insurance industry, these people play strange ways. If you look at the flowers he plays now, sooner or later, you may think that they will go bankrupt if something happens?"
"They won''t go bankrupt because they know they won''t go bankrupt, so they dare to give money to a tramp. They can''t digest this huge bad debt internally. What should they do, throw it to the world, issue debt, drive global exchange rate fluctuations, or directly find a country to operate oil or something."
"This is Wall Street''s way of playing internally. In the short term, many people become rich overnight. What do these enterprises follow? Follow the manufacturing industry, where the industrial manufacturing is, they are there, because countries with industrial manufacturing are gold holes, not only in industries, such as international bulk trade, currency exchange rate, technical property rights, banks and so on."
"These things are the main arteries of the world. Of course, there are companies or markets that they can''t chew down. What should we do? Don''t forget which country they belong to? The rise of the four little dragons has eaten away Japan, and industrial outflow has led to their prosperity. These places are too small. I think we are the next destination of global finance."
The scene was very quiet. Lu Feng systematically talked about Wall Street in very popular words. He talked about the finance of a country. He just looked at the stock market and funds. It was the most superficial.
From industrial chain, infrastructure construction, national autonomy, military strength, independent intellectual property rights, global currency reserve rate, international banks, etc.
Jiao enfan''s words are more like a person''s experience of traveling. His words are always full of pride and pride in this journey. He doesn''t understand the in-depth problems in the tourism area at all. Lu Feng is like talking about a paper, all of which are dry goods.
Zhang Fengxia''s pupils dilated. Looking at the calm Lu Feng on the stage, he couldn''t believe it. He didn''t say he didn''t go to school. How can he understand so much?
Not to mention her, Liucheng people were shocked by Lu Feng''s performance.
Jiang wanmeng stood not far away and looked at Lu Feng. He had a friend as a senior on Wall Street. He had heard some of what Lu Feng said. He took a deep breath and said with a slight shock: "at such an age and with such knowledge, this son is by no means a thing in the pool!"
Lu Feng watched everyone slowly put down the microphone. Everyone''s faces at the scene were full of amazement. Only Jiao enfan''s face was dissatisfied, but he didn''t know how to refute. He... He didn''t understand what Lu Feng said.
"It''s getting late to talk about Wall Street. I have to go back. As for the dialogue with President Jiao, there''s no need to argue. Everyone can express their own views. However, I still want to make a prediction that his enterprise will not live for a year. No matter what high-end positioning or low-end market, I have another thing to tell everyone present today People, are you ready for a price war? You state-owned enterprises are living very comfortably. "
Lu Feng then stood up without looking at Chang wanteng and Jiao enfan behind him. Facing everyone, he said, "ladies and gentlemen, the shopping mall is like a battlefield. I''ll see you on the battlefield. Remember, my name is Lu Feng. I have plenty of money."